Today’s report was not a major disappointment, as the numbers more or less confirm that the economy slowed slightly late in 1Q12 (which we already knew based upon the GDP number). We’ll be watching the April and May numbers closely; first look comes Friday with the April jobs report.

TouchdownBuddha on April 30, 2012 at 10:56 AM

honest to god when I read some of the early responses I said “Touchdown Budha will be around shortly to promise all is well with the economy and they are watching things closely”!!

what a freaking moby troll and shill. Can’t some of these obvious trollers be banned?!

]]>By: dominiganhttp://hotair.com/archives/2012/04/30/was-q1-a-cash-for-clunkers-period/comment-page-1/#comment-5788884
Mon, 30 Apr 2012 16:55:30 +0000http://hotair.com/?p=193148#comment-5788884OT: For the love of all good things… can we PLEASE kill the auto-refresh? I’ve lost reading position and articulate commenting due to this stupidity! If its to re-load comments or ads, do it through AJAX and DOM manipulation and stop killing the site for us!
]]>By: logishttp://hotair.com/archives/2012/04/30/was-q1-a-cash-for-clunkers-period/comment-page-1/#comment-5788878
Mon, 30 Apr 2012 16:54:27 +0000http://hotair.com/?p=193148#comment-5788878

The government reported last Friday that the U.S. grew 2.2% in the first three months of 2012, up sharply from 0.4% in the year-ago quarter.

Adjusting for the REAL inflation rate and population growth, we haven’t had a single quarter of GDP “increase” in the last two years. GDP is SHRINKING at an alarming rate.

..hang in there, kid. You’ll make the bigs when you learn to hit those curve balls!

;-)

]]>By: orbitalairhttp://hotair.com/archives/2012/04/30/was-q1-a-cash-for-clunkers-period/comment-page-1/#comment-5788818
Mon, 30 Apr 2012 16:37:06 +0000http://hotair.com/?p=193148#comment-5788818To me that whole article sounded of desperation. All the stats about income and disposable income increasing. Its all phoney baloney.

As a salaried employee we got a merit increase in Jan. We only get 1 per year. So who are all these people (and where do they get all this data) about increasing incomes, and more disposable incomes?
And why are they trotting all these kinds of stats now?

]]>By: stormridercx4http://hotair.com/archives/2012/04/30/was-q1-a-cash-for-clunkers-period/comment-page-1/#comment-5788754
Mon, 30 Apr 2012 16:13:21 +0000http://hotair.com/?p=193148#comment-5788754Great thread!! So far this morning, the headlines have had me laughing so hard, I had to take my glasses off and wipe my eyes. The lineup this am from different blogs, sites NPR: Is slow growth good for our economy? University finds WINDFARMS cause Global warming

Failed green energy company SOLYANDRA refuses to clean up the toxic waste, their process created

That would be marginally better than March’s 120,000, but still not much better than treading water in relation to population growth.

Rule of thumb is that you need 200,000 to stay even. If we have 165,000 and no change in unemployment then that would mean that 35,000 people’s unemployment benefits expired and they came off the unemployment roll as “discouraged workers” to replace the 35,000 who didn’t start their first job (so have not yet entered the workforce) or were laid off.

You need 200,000 to maintain the “workforce participation rate”, this 165K tells me that the workforce participation rate slipped a little bit, again.

It’s only 0830 on the West Coast. They’re in their San Fran ready rooms getting briefed.

Washington Nearsider on April 30, 2012 at 11:36 AM

No, (You obviously haven’t spent much time here in California) not yet, their still down in somebodies basement having their crack and pot supplies issued to them for the day… No self respecting liberal troll would be caught dead coming out of the basement before the crack of noon…

Where are the trolls to help deflect from the “It’s the economy…stupid”?
Birth control, Mitt said this, Bush did that, college loans set to expire during election year, what the Republican House did, oil companies, the Banks, Wall Street, the RICH, Ryan’s budget, blah, blah blah? Come on trolls!

KOOLAID2 on April 30, 2012 at 11:25 AM

It’s only 0830 on the West Coast. They’re in their San Fran ready rooms getting briefed.

]]>By: KOOLAID2http://hotair.com/archives/2012/04/30/was-q1-a-cash-for-clunkers-period/comment-page-1/#comment-5788602
Mon, 30 Apr 2012 15:25:39 +0000http://hotair.com/?p=193148#comment-5788602Where are the trolls to help deflect from the “It’s the economy…stupid”?
Birth control, Mitt said this, Bush did that, college loans set to expire during election year, what the Republican House did, oil companies, the Banks, Wall Street, the RICH, Ryan’s budget, blah, blah blah? Come on trolls!
]]>By: GrassMudHorseyhttp://hotair.com/archives/2012/04/30/was-q1-a-cash-for-clunkers-period/comment-page-1/#comment-5788601
Mon, 30 Apr 2012 15:24:56 +0000http://hotair.com/?p=193148#comment-5788601Right, the economy is in the toilet because people already bought things in previous quarters.

The 15% unemployment, paralyzing energy and healthcare regs/punishments, rabid demonizing of people that actually have money left, and a complete democrat failure to produce any sort of spending limits (no budget for 3 years, 5+ trillion in new debt)on the mincing dolt in the white house has nothing whatsoever to do with it.